Payday Super for SMSF
How do you delete a SMSF or even edit?
I have entered the wrong ESA?
Forum Discussion
Hi Genreve,
But when I tried to create a new SMSF, it says that name already existed. I can't delete the old one, how do I proceed?
Hi MC_AFCG,
That usually happens because the original SMSF record is still there, and once an SMSF has been saved, the ESA on that record can’t be edited. What you’ll want to do instead is create a new SMSF with the correct ESA, then move the employee over to that new fund. If you get the message that the fund name already exists, try using a slightly different name when saving it, like adding a number or letter at the end. You don’t need to delete the old SMSF record. Just make sure it’s no longer linked to any employees and use the new one going forward.
Regards,
Sai
